The struggling economy of Egypt received a boost with Washington-based lender World Bank on Monday announcing a $700 million loan in Development Policy Read More
Business
Companies
Mergers and Acquisitions
Regional
Two Major Cement Firms Looking to Merge in Saudi Arabia
Two cement companies owned by Saudi Arabia’s sovereign wealth fund – Public Investment Fund (PIF) have signed a non-binding memorandum (MOU) to Read More
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Companies
ETFs
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World
Lunate Capital Launches Chimera J P Morgan Global Sukuk ETF on ADX
Lunate Capital LLC, an Abu Dhabi-based management company licensed by the Securities & Commodities Authority (SCA), and a subsidiary of Lunate Holding RSC Read More
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Environment
Infrastructure
Infrastructure
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Itochu and Emirates Steel Plan to Establish Iron Processing Facility in UAE
Itochu Corporation, a Japanese trading house, is planning to establish a global supply chain for reduced iron, a low-carbon steel feedstock and Read More
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Advent and ADIA to Invest Up to $3 Billion in Fisher Investments
Advent International (Advent), one of the largest and most experienced global private equity investors, and a wholly owned subsidiary of the Abu Read More
Companies
Business
Energy
Infrastructure
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Regional
Huge Investments Driving Growth in GCC Region
Despite an unsettled political backdrop, rapid levels of investment are driving growth in the Gulf Cooperation Council (GCC) as countries look to Read More
Business
Airlines
Civil Aviation
Companies
Regional
HH Mohammed bin Rashid Lauds Emirates Airline for Its Achievements
HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Wednesday commended Read More
Business
Companies
Green Energy
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World
Masdar to Acquire Majority Stake in Greek’s TERNA ENERGY
In one of the largest ever energy transaction on Athens Stock Exchange, Abu Dhabi Future Energy Company (Masdar), the UAE’s clean Read More
